The Annual General Meeting for JPMorgan Investment Funds will be held on 29 April 2016.

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1 28 March 2016 Dear Business Partners, Annual General Meeting (AGM) JPMorgan Investment Funds The Annual General Meeting for JPMorgan Investment Funds will be held on 29 April All shareholders of JPMorgan Investment Funds will receive a Notice of AGM and a Form of Instruction from us after 1 April Those who wish to vote by proxy must complete and return the Form of Instruction to us no later than 20 April A copy of the covering letter and the relevant documents are attached for your reference. The results of the AGM will be announced on our website once available for recognised schemes of the Fund. As for restricted foreign schemes of the Fund, investors are to contact their bank, financial adviser or us directly to get a copy of the results of the AGM. Should you have any further questions, please do not hesitate to contact your JPMorgan Representative or call our Hotline at (65) Yours Sincerely, Brian Tan Head of Singapore Funds Encl. 168 Robinson Road, 16 th Floor Capital Tower, Singapore Telephone: Facsimile: Co. Reg. No K

2 IMPORTANT: This letter requires your immediate attention. If you have any questions about the content of this letter, you should seek independent professional advice. JPMorgan Investment Funds 1 April 2016 Please find enclosed the Notice of an Annual General Meeting (the AGM ) of JPMorgan Investment Funds (the Fund ), which will be held on 29 April 2016 at 12:00 pm (CET) at the registered office of the Fund. Kindly note the details of the agenda as well as the quorum and voting requirements. To allow your vote to be cast, you should complete and return the enclosed Form of Instruction to us as soon as possible, and in any event no later than 6:00 p.m. (Singapore time) on 20 April 2016, using the envelope provided. If, however, we do not hear from you by this date, your instructions will not be reflected in the response to the Fund in respect of your holdings and therefore will not be considered at the AGM. When available, the results of the AGM will be announced on our website for recognised schemes of the Fund. As for restricted foreign schemes of the Fund, please do not hesitate to contact your bank or financial adviser or contact us directly to get a copy of the results of the AGM. The latest financial reports of the Fund are available at for recognized schemes of the Fund. For restricted foreign schemes of the Fund, please do not hesitate to contact your bank or financial adviser or contact us directly to get a copy of the latest financial reports. If you have any questions regarding the contents of this letter or any other aspect of the Fund, please do not hesitate to contact your JPMorgan Representative or call our Hotline at (65) Yours faithfully, For and on behalf of Steven Billiet Chief Executive Officer, Encl. 168 Robinson Road, 16 th Floor Capital Tower, Singapore Telephone: Facsimile: Co. Reg. No K

3 JPMORGAN INVESTMENT FUNDS 1 APRIL 2016 A Message from Your Fund s Board Dear Shareholder, Each year, you have the opportunity to vote on various business matters of your Fund at an annual general meeting. You do not need to attend in person to vote. You can use the proxy form to tell us how you want to vote. If you have any questions after reading the information below, please contact the registered office or your local representative. To obtain a copy of the Audited Annual Report for the past fiscal year, go to jpmorganassetmanagement.com/jpmif or contact the registered office. The Board of Directors Items requiring your vote please respond by 27 April 2016 JPMorgan Investment Funds Notice of Annual General Meeting The meeting will be held at the location and time stated in the right-hand column. All appointments being voted on are for terms that end at the next annual general meeting. Agenda for Meeting and Shareholder Vote 1 Presentation of the report from Auditors and Board for the past fiscal year. 2 Should shareholders adopt the Audited Annual Report for the past fiscal year? 3 Should shareholders agree to discharge the Board for the performance of its duties for the past fiscal year? 4 Should shareholders approve the Directors fees? 5 Should the following Directors be reappointed to the Board? Jacques Elvinger Iain Saunders Jean Frijns Peter Schwicht John Li Daniel Watkins Massimo Greco 6 Should shareholders re-appoint PricewaterhouseCoopers Société coopérative as its Auditors? 7 Should shareholders approve the payment of any distributions shown in the Audited Annual Report for the past fiscal year? THE MEETING Location Registered office of the Fund (see below) Date and time Friday, 29 April 2016 at 12:00 CET Quorum None required Voting Agenda items will be resolved by a simple majority of the votes cast THE FUND Name JPMorgan Investment Funds Legal form SICAV Fund type UCITS Auditors PricewaterhouseCoopers Société coopérative Registered office 6 route de Trèves L-2633 Senningerberg, Luxembourg Phone Fax Registration number (RCS Luxembourg) B Past fiscal year 12 months ended 31 December 2015 Page 1 of 2 Message continues

4 NEXT STEPS To vote by proxy, use the proxy form at jpmorganassetmanagement.com/extra. Your form must arrive at the registered office, via post or fax, by 18:00 CET on Wednesday, 27 April To vote in person, attend the meeting in person. Page 2 of 2

5 IMPORTANT PLEASE COMPLETE AND RETURN THIS FORM IMMEDIATELY and in any event no later than 6:00 p.m. (Singapore time) on 20 April Form of Instruction to JPMorgan Funds (Asia) Limited JPMorgan Investment Funds Name(s) and Address of Client: Account Number(s): MasterAccount: Regular Investment Plan: (if applicable) I am/we are the beneficial holders of shares in the JPMorgan Investment Funds (the Company ), registered in the name of JPMorgan Investor Services (Asia) Limited ( JPMIS ), on my/our behalf. I/We hereby authorise and instruct JPMorgan Funds (Asia) Limited ( JPMFAL ) as my/our agent on and subject to the Terms and Conditions of MasterAccount & Regular Investment Plan and the Nominee Agreement, to instruct JPMIS to vote, by itself or its lawful attorney/s, on my/our behalf in respect of ALL* / *of my/our shares (* if you wish to vote part but not all of the shares registered on your behalf, delete ALL and insert the number of shares you wish to vote) at the annual general meeting of shareholders to be held on 29 April 2016, at 12:00 noon (CET), at 6 route de Trèves, L-2633 Senningerberg, Luxembourg and at any adjournment thereof. JPMFAL is hereby authorised and instructed to instruct JPMIS, by itself or its lawful attorney/s, to vote on the agenda, as set out in the Notice of Annual General Meeting, in accordance with my/our instructions as indicated below: Agenda For Against Abstain A. Should shareholders adopt as definitive the Audited Annual Report for the past fiscal year ended 31 December 2015? B. Should shareholders agree to discharge the Board for the performance of its duties for the past fiscal year ended 31 December 2015? C. Should shareholders approve the Directors fees? D. Should shareholders reappoint all of the following Directors to the Board? Jacques Elvinger John Li Iain Saunders Jean Frijns Peter Schwicht Daniel Watkins Massimo Greco E. Should shareholders re-appoint PricewaterhouseCoopers Société coopérative as the Company s Auditors? F. Should shareholders approve the payment of any distributions shown in the Audited Annual Report for the past fiscal year ended 31 December 2015? If you wish JPMIS or its attorney/s to vote in respect of ALL of your shares, please tick the appropriate box above. If you wish JPMIS or its attorney/s to vote only part of your shares please indicate the number of shares to be voted in the relevant box. If you indicate more shares than are actually held on your behalf, JPMIS or its attorney/s will vote the total number of shares registered in the name of JPMIS on your behalf in the same proportions to that indicated above. Individual: Corporation: Signature Date The Common Seal of Affixed in the presence of Date Notes: 1. To be valid, the Form of Instruction must be received by JPMFAL at GPO Box 11448, Hong Kong not later than 6:00 p.m. on 20 April The Form of Instruction may be sent in the first instance by facsimile on (852) , but the original Form of Instruction should follow by mail to JPMFAL at GPO Box 11448, Hong Kong. 2. JPMFAL will be entitled to rely and act upon any Instruction given, or purported to be given to JPMFAL s satisfaction, by either or any Joint Client.

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